AMAZON THE “PATRIOTS” OF THE STOCK MARKET, TELECOM DELIVERS & THE EARNINGS PARADE
Squawk on the Street - A podcast by CNBC
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Carl Quintanilla, Jim Cramer & David Faber discuss Amazon’s big drop and its bright spots. The e-commerce giant wiping out nearly $50 billion dollars in market value after reporting its first profit decline in more than 2 years. Why Cramer is calling Amazon the New England Patriots of the stock market. Plus, David breaks down telecom giants Verizon & Charter after both beating the street.
